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The quake killed at least 36,187 in southern Turkey, while authorities in neighbouring Syria have reported 5,800 deaths - a figure that has changed little in days. While several people were found alive in Turkey on Wednesday, the number of rescues has dwindled significantly. Neither Turkey nor Syria have said how many people are still missing. More than 4,000 fatalities have been reported in the rebel-held northwest, but rescuers say nobody has been found alive there since Feb. 9. Deliveries from Turkey were severed completely in the immediate aftermath of the earthquake, when a route used by the United Nations was temporarily blocked.

[1/2] Visitors queue in front of the Ukraine House during the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 16, 2023. It is about creating momentum and giving assurances that even during the war, Ukraine is not closed for business. "Ukraine has shown resilience in war time and business too so we have to find additional tools on how to facilitate Ukraine business to develop and foreign investment to come to Ukraine even now," she said. WAR NOT ENDING SOONZelenskiy addressed BlackRock executives and its clients in Davos via Zoom on Tuesday, a person who attended said. In Davos, an exhibition at Ukraine House reminds visitors of the scale of the destruction.

☆ How digitalization could push women and older workers out of the workforce
▼ + stars: | 2023-01-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow digitalization could push women and older workers out of the workforceIn a CNBC panel at WEF Davos, Standard Chartered Group Head of HR Tanuj Kapilashrami and EBRD Chief Economist Beata Javorcik talk about the risk women and older workers face as businesses require new skills needed for digitalization. SAP Board Member Thomas Saueressig also joins the discussion

☆ Davos panel discusses diversity, equity and inclusion in the workplace
▼ + stars: | 2023-01-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDavos panel discusses diversity, equity and inclusion in the workplaceExacerbated by the Covid-19 pandemic, ageing populations, tighter border controls and demands for more flexible working arrangements have put the labor market under intense pressure, fundamentally impacting the U.S., U.K. and euro zone economies. In navigating these challenges, prioritizing diversity, equity and inclusion throughout the business remains of paramount importance for companies worldwide. This panel explores the strategies companies are employing to ensure the promotion of diversity, equity and inclusion is continued during this volatile period. EBRD Chief Economist Beata Javorcik, SAP Board Member Thomas Saueressig and Standard Chartered Group Head of HR Tanuj Kapilashrami join the panel.

DAVOS, Switzerland, Jan 18 (Reuters) - The European Bank for Reconstruction and Development expects a record loss in 2022, primarily due to losses from its portfolio holdings in Russia and Belarus, EBRD President Odile Renaud-Basso said on Wednesday. The bank earlier reported record investments in 2022 of about 13.1 billion euros ($14.1 billion), and expects to continue investments targeted around food and energy security, Renaud-Basso said. It may make record investments in Tunisia. Renaud-Basso reiterated the bank's commitment to send 3 billion euros to Ukraine by the end of this year, particularly to help rebuild infrastructure. That would mean an expected deployment of around 1.3 billion euros in 2023, following last year's disbursement of 1.7 billion euros.

☆ 4 ways to pay for the climate crisis, according to Al Gore and other leaders at Davos
▼ + stars: | 2023-01-18 | by ( Freya Graham | ) www.businessinsider.com time to read: +6 min

Panel speakers said philanthropy is often overlooked when thinking about the climate finance gap and that it could act as vital leverage. Michael Wilkins, executive director and professor of practice at the Centre for Climate Finance & Investment at Imperial College Business School, welcomed the comments made by panelists at Davos. "Philanthropy has been crucial in research and development for climate finance and its development," Wilkins told Insider. "The private sector has to join the public sector," Gore said. The solution is not just about scaling up climate investment, though, according to Gore.

☆ EBRD president: Up to 3 billion euros to be invested in Ukraine in 2022-23
▼ + stars: | 2023-01-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEBRD president: Up to 3 billion euros to be invested in Ukraine in 2022-23Odile Renaud-Basso, president at the EBRD, discusses the organization's investments in Ukraine and its economy.

☆ Davos 2023: Russian bombing puts Kyiv's utilities under critical strain -Klitschko
▼ + stars: | 2023-01-16 | by ( John Irish | ) www.reuters.com time to read: +3 min

Kyiv's mayor Vitali Klitschko and his brother Wladimir told Reuters that Ukraine's Western allies had to speed up deliveries of air defence systems capable of downing Russian missiles. Kyiv has accused Moscow of indiscriminately targeting civilians as well as key infrastructure, threatening the winter supply of electricity, running water and central heating. We are fighting to survive," he said on the sidelines of the World Economic Forum (WEF) annual meeting in Davos. Former world heavyweight boxing champions Vitali and Wladimir are part of a broader high-level business and political Ukrainian delegation attending the WEF summit. ($1 = 0.9248 euros)Reporting by John Irish and Mark John; additional reporting Ardee NapolitanoOur Standards: The Thomson Reuters Trust Principles.

☆ EBRD: Real risk of European firms being unable to withstand debt burden
▼ + stars: | 2022-11-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEBRD: Real risk of European firms being unable to withstand debt burdenBeata Javorcik, chief economist at the EBRD, discusses the European Bank's Energy Transition Report 2022-23.

☆ EBRD to support $206 million in Ukraine investment via local banks
▼ + stars: | 2022-11-23 | by ( ) www.reuters.com time to read: +1 min

LONDON, Nov 23 (Reuters) - The European Bank for Reconstruction and Development (EBRD) said on Wednesday it will help facilitate loans in Ukraine for key industries from agriculture to pharmaceuticals. The bank will issue risk-sharing instruments to local banks Credit Agricole Ukraine, ProCredit Bank, OTP Bank Ukraine and leasing company OTP Leasing aimed at backing up half of the risk of 200 million euros ($206.34 million) in new financing, according to an emailed statement from the bank. The EBRD will provide a 50-million euro guarantee to support the lending, which is also aimed at sectors such as food processing, transport and logistics and retail. "The bank's dedicated food security package envisages supporting 200 million euros of investment this year in Ukraine," the statement added. ($1 = 0.9693 euros)Reporting by Jorgelina do RosarioOur Standards: The Thomson Reuters Trust Principles.

☆ EBRD warns of rise in 'zombie' firms if pandemic measures continue
▼ + stars: | 2022-11-22 | by ( Jorgelina Do Rosario | ) www.reuters.com time to read: +3 min

LONDON, Nov 22 (Reuters) - The European Bank for Reconstruction and Development urged governments in its region to rethink COVID-19 support measures for companies, warning that propping up "zombie" firms could have a knock-on effect on healthy businesses. However, ongoing support was no longer sustainable in a world of high interest rates, the EBRD said. Having zombie firms present in an economy creates negative spillovers for healthy firms, which see lower investment, revenue and employment, the EBRD warned. The problem is more present in economies dominated by government-run companies and banks, the EBRD found: 13% of state-owned enterprises in the 12-country sample used for the study could be classified as zombie firms, compared with 9% of privately-owned firms. The EBRD report also showed mixed progress on reforms by countries in six key areas, from competitiveness and resilience to the way they are governed.

☆ Norway to fund Ukraine gas procurement with $195 mln aid
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: 1 min

OSLO, Nov 21 (Reuters) - The Norwegian government on Monday said it had agreed to assist Ukraine with gas procurement for the coming winter, providing funding amounting to 2 billion Norwegian crowns ($195 million). The funds, part of a previously announced aid package of 10 billion crowns, will go via the European Bank for Reconstruction and Development (EBRD). "It is important to channel the support through an established, internationally recognised organisation, which will ensure effective and transparent use of the funding," Norway's Minister of Finance Trygve Slagsvold Vedum said in a statement. ($1 = 10.2652 Norwegian crowns)Reporting by Terje Solsvik, editing by Stine JacobsenOur Standards: The Thomson Reuters Trust Principles.

☆ From Russia with cash: Georgia booms as Russians flee Putin's war
▼ + stars: | 2022-11-05 | by ( Jake Cordell | ) www.reuters.com time to read: +8 min

The European Bank for Reconstruction and Development (EBRD), for example, predicted in March the Ukraine conflict would deal a major blow to the Georgian economy. "On the contrary, we see the Georgian economy growing quite well this year, double digits." Business leaders also worry that the country could face a hard landing should the war end and Russians return home. TO GEORGIA WITH $1 BILLIONGeorgia itself fought a short war with Russia in 2008 over South Ossetia and Abkhazia, territories controlled by Russian-backed separatists. 'THE CRISIS COULD HIT'TBC's Butskhrikidze said he saw potential in the new arrivals to fill skills gaps in the Georgian economy.

Companies European Bank for Reconstruction and Development FollowLONDON, Oct 31 (Reuters) - The European Bank for Reconstruction and Development (EBRD) does not plan to sell off existing upstream oil and gas loans as part of plans to align its activities with the Paris Agreement on climate change, an executive said on Monday. Last year the bank said it would stop investing in upstream oil and gas projects, namely exploration and production, by the end of 2022 but did not specify whether this applied to new or existing investments. Harry Boyd-Carpenter, EBRD managing director, told an online briefing of journalists that the bank was not planning to divest existing upstream oil and gas loans. It is preferable to keep such loans overseen by the bank to ensure more rigorous oversight rather than sell to other entities, he said. "Some of the countries we operate in see gas as part of their energy security.

☆ EBRD will invest more in Ukraine by end of 2022, president says
▼ + stars: | 2022-10-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEBRD will invest more in Ukraine by end of 2022, president saysOdile Renaud-Basso, president of the European Bank for Reconstruction and Development, said there's a need for additional investment in Ukraine to restore destroyed electricity and rail infrastructure.

László Diósi, Președintele Comitetului Executiv – CEO, a sumat „Ar fi sincer să recunoaștem că stabilitatea noastră financiară este atu-ul acestor timpuri. Fapt care ne-a permis să răspundem cu agilitate nevoilor clienților, să mizăm pe eficiență în gestionare și să fim prudenți în anticiparea riscurilor. Programul TFP al BERD promovează comerțul exterior către și din economiile în care BERD investește. Până în prezent programul TFP a sprijinit peste 27.000 de tranzacții comerciale, însumând peste 22 miliarde EUR. Beneficiați gratuit de consultarea cu privire la instrumentele de facilitare a comerțului internațional, oferită de experții Mobiasbanca - OTP Group, apelând la 022 812 400/022 812 490 sau la adresa e-mail: tradefinance@mobiasbanca.md.

Persons: Renaud, Elena, László Diósi Organizations: OTP Group, OTP, BERD Locations: OTP Group

☆ ЕБРР представляет детали об инвестициях в Джурджулештский порт
▼ + stars: | 2021-05-07 | by ( Mld Media Srl | ) noi.md time to read: +2 min

Европейский банк реконструкции и развития (EBRD) сообщает, что 7 мая 2021 года он стал единственным действующим правообладателем оператора Джурджулештского порта. В пресс-релизе учреждения упоминается, что ЕБРР опубликовал подробную информацию о своих инвестициях в Международный свободный порт Джурджулешты, который является стратегическим активом для страны, в документе, описывающем поддержку проекта. С 2014 года оператор порта Джурджулешты, ныне известный как Danube Logistics SRL, его голландская материнская компания и, косвенно, ЕБРР подверглись различным действиям. Соответственно, 7 мая 2021 года ЕБРР стал единственным действующим правообладателем оператора порта Джурджулешты «в целях обеспечения деятельности порта и защиты его финансовых интересов», говорится в пресс-релизе. «ЕБРР объявляет нам в публичном коммюнике, что он является единственным эффективным бенефициаром оператора Свободного международного порта Джурджулешты посредством сделок на Кипре в условиях юридических запретов на осуществление операций с акциями соответствующей компании.

Persons: Вячеслав Ионицэ, Рафик Алиев Organizations: Европейский банк реконструкции и развития (), ЕБРР, Международный свободный, Правительство Locations: Джурджулешты, США, Республика Молдова, Джурджулештский, Азербайджан, Кипр

Lucrările de reabilitare a străzilor: 31 August 1989, Alexandru cel Bun și Tighina prevăd reparația părții carosabile, modernizarea trotuarelor și a iluminatului, crearea locurilor de parcare și modernizarea sistemului de iluminat public. Pe strada 31 August 1989 reconstrucția urmează să fie desfășurată în format de „coridor verde", cu amenajarea pistelor pentru bicicliști în dublu sens, a locurilor de parcare, modernizarea trotuarelor și a iluminatului stradal. În total pe cele 3 străzi urmează să fie reparați 6,7 km de carosabil, cca 80 mii metri pătrați de trotuare, să fie instalați 288 de stâlpi de iluminat cu 654 corpuri de iluminat și reabilitați 1550 metri liniari de rețelele de canalizare pluvială. Valoarea totală a proiectului este de 11,8 milioane de Euro. Linkul licitației poate fi accesat de pe portalul de achiziții al BERD: https://ecepp.ebrd.com/respond/J4N7NA7X6R.

Persons: August, Alexandru cel Bun Organizations: Banca Europeană, BERD, Banca Europeană de Locations: Tighina, carosabil, BERD

”Poșta Moldovei orientate către modernizarea infrastructurii existente, îmbunătățirea experienței de business pentru vânzătorii și cumpărătorii on-line. ”Poșta Moldovei”. Această etapă presupune implementarea unei interfețe care va corela platforma electronică a agentului economic cu pachetul de servicii poștale a Î.S. ”Poșta Moldovei”. Partenerii IS ”Posta Moldovei” in realizarea acestor măsuri si dezvoltare de proiecte sunt Programul USAID Reforme Structurale în Moldova, Serviciul Vamal al RM, APP, Agenția e-Gov, MEI, BEI, WB, EBRD.

Persons: Vitalie Zaharia, Zaharia Locations: RM, țara, întreprinderea, Posta, BEI, WB

☆ Зеленое финансирование в Молдове: путь к низкоуглеродному, энергоэффективному и устойчивому к изменению климата будущему
▼ + stars: | 2020-12-25 | by ( Super User | ) mybusiness.md time to read: +1 min

Граждане Республики Молдова получат выгоду от новых зеленых технологий благодаря помощи, предоставляемой Фондом финансирования зеленой экономики (GEFF), основным партнером и донором которого является Европейский Союз. Европейский Банк Реконструкции и Развития (EBRD) и Зеленый климатический фонд (GCF) предложили банку «Moldova Agroindbank SA» (MAIB) ссуду в размере 5 миллионов евро. Это будет первый заем, который будет предоставлен в рамках GEFF в Республике Молдова, и он будет способствовать переходу страны к более устойчивой, низкоуглеродной и устойчивой к изменению климата экономике. Ожидается, что заем поможет Республике Молдова сократить годовое потребление энергии на 108 800 ГДж в год (больше, чем годовое потребление энергии 6000 молдавских домохозяйств) и выбросы углерода на 9880 тонн в год (эквивалент снятия с улицы более 5000 автомобилей). Кредит будет использоваться для последующего кредитования физических лиц, малых и средних предприятий (МСП) и корпораций для инвестиций в технологии и услуги по смягчению последствий изменения климата и адаптации.

Organizations: Фонд финансирования зеленой экономики (), Европейский Банк Реконструкции и Развития (), Зеленый климатический фонд () Locations: Республика Молдова, Европейский Союз

☆ MAIB и ЕБРР поддерживают «зеленые» инвестиции: новое соглашение о финансировании на сумму 5 млн евро
▼ + stars: | 2020-12-23 | by ( ) ru.diez.md time to read: +3 min

Европейский банк реконструкции и развития (ЕБРР) и Moldova Agroindbank подписали сегодня новое соглашение о финансировании на 5 миллионов евро в рамках Программы финансирования «зеленой» экономики (GEFF). Кредитная линия включает финансирование ЕБРР в размере 3,75 млн евро и финансирование Зеленого климатического фонда (Green Climate Fund) в размере 1,25 млн евро. Благодаря субсидии Зеленого климатического фонда банк сможет предлагать своим клиентам финансирование «зеленых» инвестиций по привлекательной процентной ставке. Выражаем нашу признательность и благодарность Европейскому банку реконструкции и развития за постоянную поддержку и доверие, оказанные в Moldova Agroindbank. Первые две (EU4Business-EBRD и Программа содействия торговле) получили высокую оценку наших клиентов», — отметил Председатель Moldova Agroindbank Сергей Чеботарь.

Persons: Angela Sax, Анжела Сакс, Сергей Чеботарь Organizations: Европейский банк реконструкции и развития (ЕБРР), ЕБРР, МСП, Зеленый климатический фонд, Европейский банк реконструкции и развития Locations: Moldova, Республика Молдова, Молдова

☆ 17,5 млн евро ЕБРР и MAIB предоставят для поддержки малого и среднего бизнеса в Молдове
▼ + stars: | 2020-11-25 | by ( Mld Media Srl | ) noi.md time to read: +4 min

Для клиентов Moldova Agroindbank, малых и средних предприятий, открыли новую линию финансирования на 17,5 млн евро. Первые два транша: 5 млн евро и 7,5 млн евро — полностью заимствованы клиентами MAIB. Кредиты используют для удовлетворения кредитного спроса клиентов Moldova Agroindbank. В апреле 2019 года MAIB подписал с ЕБРР первое соглашение о сотрудничестве в рамках линии EU4Business-EBRD, получив доступ к займу в размере 5 млн евро. Сумма транша составила 7,5 млн евро.

Persons: Анжела Сакс, Петер Михалко, Сергей Чеботарь Organizations: Европейский банк реконструкции и развития, МСП, ЕБРР Locations: Moldova, Республика Молдова, ЕС, Евросоюз, Молдова, Европейский Союз, Европейский союз

☆ Revival of lending activity and positive indices for Mobiasbanca-OTP Group S.A. in the third quarter
▼ + stars: | 2020-11-12 | by ( ) www.ipn.md time to read: +5 min

Revival of lending activity and positive indices for Mobiasbanca-OTP Group S.A. in the third quarterNovember 12, 2020The results of Mobiasbanca - OTP Group S.A. for the third quarter demonstrates the recovering ability of all activity segments, after the period of blockage in the first half of the year. Achievements of JSC “Mobiasbanca - OTP Group” in the third quarter of this year are also confirmed by a net profit of 83 million lei, despite the increase in the estimated reserves. The loan portfolio is growing by 14% (8% in Q3), due to a good lending of individuals and corporate clients. Operational performance registered an increase compared to the budget by 4.8%The cost / income indicator reached a positive value of 47.6% (47.2% in Q3) being below the estimated level. Third quarter was characterized by a revival in lending, due to individuals and mortgage lending.

Persons: Diósi, Mobiasbanca, – Organizations: OTP, S.A, JSC “, Bank, European Bank for Reconstruction, IPN Locations: Mobiasbanca

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